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Calculate the gross profit margin and net profit margin for McDonald's Corporation for the fiscal year ended December 31, 20XX, based on the following information:

Calculate the gross profit margin and net profit margin for McDonald's Corporation for the fiscal year ended December 31, 20XX, based on the following information:

  • Total revenue: $1,000,000
  • Cost of goods sold: $400,000
  • Operating expenses: $300,000
  • Net income: $200,000

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